Thread 513751052

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By 2000, America was absolutely supreme.
By 2008, China had a firm upper hand.
By 2016, it was fucking over for the USA.
It all went horribly wrong in the 2000s. But the seeds were planted earlier.
The 1980s saw the financialization of the economy and the beginning of the explosion of the national debt.
The 1990s saw offshoring start up full blast and mass illegal immigration, mainly from Mexico at first, began right after NAFTA went into effect in 1994 (NAFTA was signed into law by George HW Bush).
2000 saw the repeal of Glass Steagal, instituted during the Great Depression to prevent another banking meltdown, and immediately, the banks started creating CDOs and other bizarre, hyper-complex "financial instruments" that ended up causing what would have been another Great Depression beginning in 2008 if the economic implosion had been allowed to run its course and the banks and other giant corporations hadn't been bailed out.
So the American downfall that manifested really hard for the first time in the 2000s decade had its roots in earlier times.

nice gif, have a bump, hopefully a non-shit thread develops for once.

>>513751707
Thanks, leaf-anon
Like others here, I have many fond memories of the 2000s (and remember a lot of things that ticked me off in those days too), and of course I liked the 90s and 80s better, and have heard that the 50s and 60s were the very best of times.
However, a lot of bad shit manifested in the 2000s that portended the doom of the West, which we are now in the thick of.

>>513751052 (OP)
How does china dominate global trade?

>>513751052 (OP)
based
i'm buying chinese anyways
I like new tv

china bad

>>513751052 (OP)
>The 1980s saw the financialization of the economy and the beginning of the explosion of the national debt.
True. That was jewish, but you forgot the even more important thing that jews pulled, the 1965 immigration act.

It's not that jews only push multiculturalism, they DEPEND on it. They use it as a tool to bring in allies so a Nazi-Aryan policies like the 'White Australia' or 'National Origins' could never come back, and jews could forever keep their claws in White countries.

>The Census Bureau has just reported that about half of the American population will son be non-white or non-European. And they will all be American citizens. We have tipped beyond the point where a Nazi-Aryan party will be able to prevail in this Country. We [Jews] have been nourishing the American climate of opposition to bigory for about a half a century. That climate has not yet been perfected, but the heterogeneous nature of our population tends to make it irreversible—and makes our constitutional constraints against bigotry more practical than ever."
- Earl Raab, The Jewish Bulletin, 9th Feb 1993, p. 23

>>513751052 (OP)
Why isn't China blue? China's largest trade partner is the US.

>>513753081
That wouldn't make sense when comparing two competitors.

>>513751052 (OP)
It was already going down hill in 2000
>Source: 23 years of injection molding

>>513751052 (OP)
The seeds were sown much earlier than the 2000s. Effectively our standard of living became too high and our labor costs too expensive due to our dominant position post WWII and status as reserve currency. There’s a reason China plays so many tricks in regards to currency devaluation, its in large part what has kept them competitive though even they are starting to trend toward being too expensive. The only way manufacturing is likely to restore is a computation of rising international shipping rates, heavily protectionist trade policy, and aggressive industrial automation to mitigate high domestic labor costs. All those things are happening to a degree but it isn’t guaranteed to be enough. If ai continues to displace entry level professionals that could help also by freeing up labor force, though hr departments being retarded may stymie that.